The global Household Refrigerators And Freezers market size is expected to be worth around US$ 217.25 billion by 2030, according to a new report by Vision Research Reports.
The global Household Refrigerators And Freezers market size was valued at US$ 91.90 billion in 2020 and is anticipated to grow at a CAGR of 8.8% during forecast period 2021 to 2030.
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Household Refrigerators And Freezers Market (By Door Type: Single Door, Double Door; By Structure: Built-in, Freestanding; By Capacity: Less than 15 cu. Ft., 15 to 30 cu. Ft., More than 30 cu. Ft) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
The growing trend of nuclear families, and increasing consumption of , are driving the market growth. Integration of state-of-the-art features with the help of disruptive digital technologies, such as the (IoT), digital temperature control system, and (AI), has enabled the global market to grow exponentially over the last decade. The strong competition among leading manufacturers has resulted in heavy R&D investments to develop technologically advanced and size-compatible refrigerators.
|Market Size||US$ 217.25 billion by 2030|
|Growth Rate||CAGR of 8.8% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Door Type, Structure, Capacity, Region|
|Companies Mentioned||AB Electrolux, Dover Corporation, LG Electronics, Whirlpool Corporation, Samsung, Robert Bosch GmbH|
- AB Electrolux
- Dover Corporation
- LG Electronics
- Whirlpool Corporation
- Robert Bosch GmbH
- Door Type Outlook
- Single Door
- Double Door
- Top Mounted Freezer
- Side by Side
- French Door
- Structure Outlook
- Capacity Outlook
- Less than 15 cu. Ft.
- 15 to 30 cu. Ft.
- More than 30 cu. Ft.
- Region Outlook
- North America
- Asia Pacific
- South America
- Middle East & Africa
- North America
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